ThredUp (TDUP) EBITDA (2020 - 2026)
ThredUp (TDUP) posted quarterly EBITDA of -$6.6 million for Q1 2026, down 21.26% year-over-year from -$8.4 million in Q1 2025, and up 1.35% quarter-over-quarter from -$6.7 million in Q4 2025.
ThredUp (TDUP) EBITDA (2020 - 2026) Analysis & Trends
ThredUp (TDUP) has reported EBITDA for 7 consecutive years, with -$6.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 21.26% year-over-year to -$6.6 million; the TTM figure through Mar 2026 stood at -$22.9 million (up 31.96% YoY), while the FY2025 annual figure was -$21.7 million, up 46.46% from the prior year.
- EBITDA advanced to -$6.6 million in Q1 2026 per TDUP's latest filing, from -$6.7 million in the prior quarter.
- Across five years, EBITDA topped out at $4.1 million in Q4 2023 and bottomed at -$28.3 million in Q2 2022.
- Historically, EBITDA has averaged -$12.4 million across 5 years, with a median of -$10.5 million in 2024.
- Annual changes were most pronounced in 2023 — EBITDA jumped 124.95% — and 2024, when it tumbled 299.44%.
- ThredUp's EBITDA stood at -$16.4 million in 2022, then surged by 124.95% to $4.1 million in 2023, then sank by 299.44% to -$8.2 million in 2024, then advanced by 18.1% to -$6.7 million in 2025, then advanced by 1.35% to -$6.6 million in 2026.
- Business Quant data shows TDUP's EBITDA at -$6.6 million in Q1 2026, -$6.7 million in Q4 2025, and -$4.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.84 Bn | 2,819.86 Bn | 198.88 Bn | 51.31 Bn |
| 2 | PDD Holdings | 507.66 Bn | 448.11 Bn | 9.83 Bn | 3.96 Bn |
| 3 | Mercadolibre | 97.39 Bn | 82.19 Bn | 4.16 Bn | 683.00 Mn |
| 4 | DoorDash | 93.67 Bn | 88.33 Bn | 2.35 Bn | 156.00 Mn |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | 549.62 Mn |
| 6 | Sea | 77.98 Bn | 69.46 Bn | 3.15 Bn | 573.57 Mn |
| 7 | Ebay | 47.41 Bn | 44.11 Bn | 2.30 Bn | 676.00 Mn |
| 8 | Coupang | 29.58 Bn | 23.47 Bn | 2.49 Bn | -556.00 Mn |
| 9 | Zkh | 15.88 Bn | 15.88 Bn | 51.11 Mn | -3.25 Mn |
| 10 | ThredUp | 403.20 Mn | 350.77 Mn | 72.52 Mn | -6.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.11 Mn |
| Mar 31, 2026 | -6.59 Mn |
| Dec 31, 2025 | -6.68 Mn |
| Sep 30, 2025 | -4.39 Mn |
| Jun 30, 2025 | -5.25 Mn |
| Mar 31, 2025 | -5.43 Mn |
| Dec 31, 2024 | -8.16 Mn |
| Sep 30, 2024 | -10.46 Mn |
| Jun 30, 2024 | -9.61 Mn |
| Mar 31, 2024 | -12.40 Mn |
| Dec 31, 2023 | 4.09 Mn |
| Sep 30, 2023 | -18.19 Mn |
| Jun 30, 2023 | -18.71 Mn |
| Mar 31, 2023 | -20.18 Mn |
| Dec 31, 2022 | -16.39 Mn |
| Sep 30, 2022 | -24.19 Mn |
| Jun 30, 2022 | -28.33 Mn |
| Mar 31, 2022 | -20.58 Mn |
| Dec 31, 2021 | -18.33 Mn |
| Sep 30, 2021 | -15.50 Mn |